Scheat is at 29°22′ Pisces with an orb of 2°00′
The Sun joins Scheat on March 19
Fixed star Scheat, Beta Pegasi, is a 2.4 magnitude deep yellow star located on the leg of the Winged Horse, Pegasus constellation. The three main stars of Pegasus all have a similar astrological influence, those being Scheat, Markab and Algenib. Although Scheat has a nasty reputation in astrology, there are plenty of examples of people with this star prominent expressing the positive manifestations of Scheat. So much depends on the whole chart, the aspects from Scheat and the other stars in the chart.
15 ♓ 19
23 ♓ 28
29 ♓ 22
02 ♈ 35
09 ♈ 09
Scheat Star Astrology
Fixed star Scheat it is of the nature of Mars and Mercury. It causes extreme misfortune, murder, suicide, and drowning. 
Scheat, Shoulder of Pegasus, is a fixed star of accentuated Saturnian character. Tied up with a malefic, this could lead the native to lose his life in catastrophes such as floods, shipwreck, mining accidents, airplane accident or maybe by suicide. In a mundane chart, with transiting MC or Asc in conjunction, an accident or catastrophe may happen. On the other hand, it is possible for a positive influence to emanate from Scheat, but only for some people and having an effect on their mental creativity if these people are ready to receive such inflow. 
α and β Pagasi; respectively Markab and Scheat, are both Mars-Mercury stars. Both these stars are true-black malefics in traditional astrology, promising injury by one’s hand or another’s, and life imprisonment. We can now see how, in the times of profane use of astrology, this arose. At this far end of the Zodiac, we find it easy to delude ourselves that ‘now we know it all’; we can take our seats with the gods. ‘Markab’ is commonly a ship, but may be used for any kind of conveyance, a saddle on a horse included, so off we go in or on it. If we did indeed learn what Andromeda had to teach us at the start of the journey, then fine, we can achieve ‘Great Mastery’, the occasionally mentioned positive signature of these two stars: all we could wish for, that being the meaning of Scheat (Al Shi’at). But if we started out rightly, then we should have here no need to exhibit that mastery in secular power, nor should we still need to wish for more than we already have and are: ‘My Kingdom is not the world’, as Jesus said so well. So we can easily recognize the quiet, unassuming, untroubled true master from the embattled, imprisoned, pathetic pretender to mastery. 
Scheat rules the center of the ball of the left foot in the human body. 
Constellation Pegasus gives ambition, vanity, intuition, enthusiasm, caprice and bad judgment. Prevails against disease of horses and preserves horsemen in battle.  The constellation portends events concerning ships and the ocean and also changes in the weather. In medieval times it was said to indicate vain individuals with a great deal of ambition, but with very poor judgment. 
Scheat Star Conjunctions
Sun conjunct Scheat: Danger through water and engines, liable to accidents or drowning. 
As an example of the importance of taking the whole chart into consideration, I want to look at just two charts, both with Sun on Scheat. This first is James McGonagle (Sun conjunct Scheat by 25′), a goalie in Canada’s Junior A Hockey League. He tragically died in 2002 aged just 19. He crashed his car “danger through engines” and went through the windshield into water “danger through water….liable to accidents and drowning”. What made this tough for James was the very tight square from watery Neptune (21′) and the Lunar Nodes (06′). The North Node was conjunct the fixed star Menkalinan (14′) “frequently, violent death” . The Sun was also quincunx Pluto (38′). Interestingly, when he died, transiting Pluto was conjunct his Vertex.
Brian Mulroney, the Prime Minister of Canada from 1984 to 1993, has Sun conjunct Scheat (30′). Here the tight aspects are Sun square Mars (33′) and Sun trine Pluto (19′). Neither Mars nor Pluto is on any major star, certainly not the nasty star that James’ North Node was on. The trine to Pluto was helpful in taking him to the top of politics. His Sun is also sextile his Midheaven (career) by just 24′. He gained his real power in 1982 when transiting Pluto was on his Vertex, on the most fortunate fixed star Arcturus.
Moon conjunct Scheat: Worry, loss and gain of friends through criticism, danger of accidents and by water. 
Mercury conjunct Scheat: Many accidents and narrow escapes especially by water, many enemies, trouble through writings, bad for health and domestic affairs. 
This causes growth on the left foot, such as warts, or types of fungus. There is disruption of the energy through ht lungs and breathing areas of the cheat causing fungus growths in the lungs. Anyone having this configuration should definitely not smoke, or a serious health problem will result. Emphysema, cancer an other types of lung diseases of a serious nature are a certainty with those who have this configuration if they elect to smoke or otherwise take in foreign matter into the lungs. Natives with this conjunction should drink hot teas such as sassafras, red ginger, ginger root or golden seal root in small amounts. These teas are purifiers and are too strong to drink continuously. As a preventative, a pinch of one of the teas in a large cup of hot water every other day would adequate. However, if a disease has already has already taken hold, ginger root should be taken in small amounts every day, alternating with sassafras tea mixed with ginger root to add to the cleansing properties to the herbs. Combining sassafras with ginger root would ordinarily be too powerful for the body to handle, but in extreme cases, these persons can handle this combination for three days using a teaspoon of each herb in a large cup of hot water. This can be helpful even in the case of cancer or any type of fungus-related disease anywhere in the body. 
Mercury conjunct Mars conjunct Scheat: This disrupts the subconscious flow of energy to the brain in additions to the problems that Mercury alone can cause at this point. There is difficulty with nurturing and thought processes. Natives usually succumb to cheat colds and others notice that they continually have a slight cough. They feel they must be hostile when communicating their thought processes, due t the fact that they feel they did not receive enough attention from their mother. Their minds can deteriorate to a raging frenzy and disrupt others at their employment, home or wherever they are at the time. They can be physically violent and other people do not wish to associate with them because of their disruptive tendencies. This brings on anger and they live their lives attempting to destroy those things they desire themselves. This is a self-undoing and it is the way they wish to live their lives. 
Venus conjunct Scheat: Evil environment, suffering through own acts, danger of imprisonment or restraint. 
Mars conjunct Scheat: Many accidents, sickness to native and relatives. 
These individuals experience a slight inflammation through the muscle of the left foot and the bronchial sacs. This may manifest as a boil on the bottom of the foot or in the bronchial area. There can be a persistent cough with mucus, with the problem being difficult to diagnose and to heal. These persons should drink hot peppermint or spearmint teas continuously as it is difficult to draw the infections from the bronchial area. The infected mucus simply drifts to other parts of the body, infecting the intestinal and stomach areas. 
Jupiter conjunct Scheat: Many voyages, losses through law, friends and relatives, danger of imprisonment. 
Saturn conjunct Scheat: Danger of death in infancy, domestic trouble, colds and consumption, death by drowning or accident. 
Uranus conjunct Scheat: Deceitful, vacillating, little concentration, psychic, unreliable, involved in difficulties due to own acts, many accidents, death through drowning or by water especially if in 1st, 6th, 8th or 10th houses. 
This causes slight spams through the feet that can be considered nerve disorders for the most part. Rubbing the feet often would be a good habit with any type of oil, and soaking them in warm water with a small amount of baking soda. Drinking a half glass of warm milk in the morning will literally heal the nerves and should be made a daily ritual. 
Neptune conjunct Scheat: Prominent in inventive, occult or psychic matters, persecuted, peculiar domestic conditions, many accidents, danger of drowning. 
Pluto conjunct Scheat: This position causes the person to have a self-destructive attitude. This is similar to Mercury conjunct Mars at this point but the self-destructive tendencies are much greater in that they force others to dislike them. They carry out their own self-undoing through various means, like cutting themselves purposely; they burn themselves or commit suicide by jumping in front of a car or train. By doing these things, they feel they are hurting another individual in their life. They have a sever martyr complex to the point of self destruction. This is an emotional disorder in that they feel they are harming others by harming themselves. No help can be given these natives as they have set out to do these things in their incarnation.
This configuration will occur again when the next age is on the scene. It will not be as powerful that time as it has been in this age. There will be incarnations by those from this age who have chosen this configuration to experience these things; however, in the next age, others will simply ignore these self-destructive tendencies. In the coming Age of Aquarius, if they wish to injure or destroy themselves, others will pay little attention. The elevation of the minds of people in this new age will allow them to pay scant attention to those who wish to destroy themselves. They would feel that it would be better to rid themselves of such a person rather than become emotional over the self-inflicted injuries or destruction they have brought upon themselves. 
Scheat Star in Mundane Astrology
The mythology says Scheat is connected to misfortune and water and the air. I will just focus on events related to storms and water, and the air (specifically planes, not spaceships). One more link I found was with industrial disputes. Only looking at Uranus and Saturn conjunct Scheat with orbs under 50′.
Water and Storms: The last time Uranus was on Scheat, the costliest hurricane in history hit America. On September 18 1926, the Great Miami Hurricane killed over 370 people and left 50,000 homeless. In today’s terms, it cost $157 billion, compared to $99 billion for hurricane Katrina back in 2005. Uranus was conjunct Scheat by 45′. There were no aspects to Uranus as there will be this year. The last time Saturn was on Scheat, a ferry sank of Haiti on 01 April 1996 killing over 200 people. On 08 June 1996, an F5 tornado killed 16 people and caused $100 million in damages in Topeka, Kansas.
Air Accidents: The last time Uranus was on Scheat: The first African American to hold a pilots licence, Bessie Coleman died after falling 2,000 feet from her aeroplane on 30 April 1926. On 10 May 1926, two pilots parachuted to safety after their planes collided mid-air at Langley Field, Virginia. The last time Saturn was on Scheat: 03 April 1996, USAF CT-43 crashed in Croatia killing all 35 on board including US Secretary of Commerce Ron Brown. 08 June 1996, an XB-70 Valkyrie and an F-104 Starfighter collided mid-air killing both pilots in Barstow California. 28 July 1996, the US announced that a Lockheed U-2 spy plane had disappeared over Cuba. 06 August 1996, Braniff Airlines Flight 250 crashed in Fall City, Nebraska killing all 42 on board.
Strikes: The last time Uranus was on Scheat: 03 May 1926, the British general strike in support of coal miners started. Over 1.5 million workers walked out which lead to the government declaring martial law. 19 February 1927, another general strike, this time in Shanghai protesting the presence of British troops. The last time Saturn was on Scheat: 17 June 1996, Air France workers walked out on strike. 29 June 1996, a sailor’s strike ended in the UK. These last two tie in the “air” and “water” themes of Scheat so well.
Fixed stars evolve through time. Like us and our planet, their basic nature stays the same but they are constantly changing. As we evolve, the energy of the fixed stars, and even the planets finds new ways of expression. Scheat wasn’t involved in bringing down aeroplanes two centuries ago, nor spaceships last century ago. Just as technology is effected, so is our consciousness. We will find newer, higher manifestations of even the most dreaded of fixed stars, including nasties like Scheat and Algol.
Scheat Star References
1. Fixed Stars and Constellations in Astrology, Vivian E. Robson, 1923, p.206.
2. Fixed Stars and Their Interpretation, Elsbeth Ebertin, 1928, p.80.
3. The Living Stars, Dr Eric Morse, p.127.
4. The Fixed Star Health and Behavior Imbalance, Ted George and Barbara Parker, 1985, p.168.
* All fixed star positions are for the year 2000. Add one degree per 72 years to correct for precession.